Build wealth. Love your life
Thinking about relocating to Australia? Have you compared the cost of living in Australia and the UK? Australia is a favoured relocation destination for Brits. After all, there are many ties between the UK and Australia, culturally, socially, on the sporting pitch and even family ones. These links were forged…
This guest post by Simon from Financial Expert introduces the investing platform Property Partner. It explains how alternative investments in property can reduce the risk of an investment portfolio, and how technology has simplified this process. Introducing Property Partner Property Partner is a type of a ‘crowd-funding platform’. This is…
You know that we have a rather audacious aim: to make £2.5 million (or equivalent which is about £10,000 per month in passive, or as good as, income per month) by October 2018. No, it isn’t so that we could spend it on yachts, drugs and rock-and-roll (though we…
We are human because we have dreams. Many people dream about building up sufficient investments and passive income to be able to leave their jobs and ‘live happily ever after’. Others want simply to be able to retire. We are human because we chase our dreams. People chase their dream…
We’ve been writing about how to choose a house to buy, how to spot a great neighbourhood and whether it is better to rent or to own your house on The Money Principle. Recently I had a conversation with our niece who is looking to buy a house that made…
Today, in Money Week I saw that the Bank of England is expecting interest rates to be up to 3% by 2017. Now, this is only three years away; which means we all should pay more attention to the houses we have (and the mortgage), the houses we want…
Last week I wrote about UK housing issues following a meeting to which I was invited. A panel of experts spoke about housing with particular focus on the problems facing first time buyers. The panel was chaired by Sarah Smith from Channel 4 TV. Taking part were Miles Shipside of…
I have long been interested in housing although we have generally rejected the idea of building a property portfolio as a means of generating passive income. I was therefore very keen when the Money Principle was invited as a well-informed blog to participate in a seminar for first time house…
We have a financial time horizon of 5 years. Why? Because we are of a certain age and want to have time to enjoy ourselves before the Grim Reaper arrives at our shores. We do have provision for a semi-comfortable retirement but have no intention of retiring. Life is far…
For what seems like an eternity, those aspiring to get onto the property ladder for the first time have seen their dreams dashed as a result of astronomically high house prices. Even paying a deposit of around 10% or less of a home’s value is too much for many hopeful…
Moving up the housing ladder can mean a few different things. It could be about getting to a better location or upgrading to a new build rather than an older property – but for many it’s simply about upsizing. More rooms and larger rooms are one of the big changes…
Yesterday we were sitting in the garden – yes, we do have a bit of summer here in Manchester, England – having coffee and chatting. Then suddenly, John grinned and said: ‘Darling Prof, you did remember to lock the apartment in Sofia, didn’t you?’ …and I went from ‘relaxed’ to…